Word: malabo
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...MALABO, Equatorial Guinea — This city won’t soon find itself on a postcard or illuminating the pages of an exotic travel guide. In fact, for the capital of an oil-rich nation, Malabo’s lack of even the most basic development is startling...
Contrasted with the very visible modern structures of President Teodoro Obiang’s government and family, the deplorable slums of Malabo are a visual hypocrisy staring everyone in the face. Tackling government corruption and greed in a developing context is admittedly a challenging task, but that is perhaps not even the real issue. Obiang could easily invest in bringing Malabo and the rest of the country’s infrastructure into the 21st (20th?) century and still have plenty of money left over to squander...
...finance an alleged coup attempt in oil-rich Equatorial Guinea; in Cape Town, South Africa. Authorities say Thatcher allegedly bankrolled the purchase of a helicopter in a plot to overthrow President Teodoro Obiang Nguema Mbasogo, for which 14 suspected mercenaries are currently standing trial in the Equatorial Guinean capital, Malabo. Thatcher, under house arrest in Cape Town, has denied the allegations...
...Nguema's government, and had touched down to collect weapons and ammo. Nineteen other men, including South Africans and Armenians, were arrested in Equatorial Guinea on suspicion of being part of the plot. The self-confessed leader of the Guinean cell, Nick du Toit, on trial in the capital, Malabo, testified last week that he met Thatcher last year, and that Mann and Thatcher had discussed the sale of helicopters for mining operations in Sudan. Mann may be the most direct link between Thatcher and the coup plot. In the early 1990s, the Eton and Sandhurst-educated Briton...
...sleepy tropical island city of Malabo had hardly changed in years. The capital of Equatorial Guinea, a tiny West African nation of fewer than 500,000 people, consisted of little more than some moldering Spanish colonial buildings, a few palm-lined plazas and the tightly packed shantytowns that en circle most African settlements. Its one claim to fame was that Frederick Forsyth lived there while he wrote his military thriller The Dogs of War. But in recent years, Malabo has been transformed. Office buildings have shot up, hotels and banks have opened, and foreigners, once a novelty, now cram...